Excellent Investment Real Estate located in Rapid City, SD. The buildings total approximately 35,000 sq. ft. with dock spaces, cold storage, and an adjacent building with office space that's included in this offering. The property has good parking and handles the current load of 30 employees as well as semi-trailer traffic for out-bound and in-bound freight. The current tenant is a long-time manufacturing facility that has been housed there a very long time. The existing lease has runs through 2018, but the tenant has a couple of lease options built into their current lease. The cap rate for this property is over 7%.
Selling Price = $1,350,000
For more information, contact Rey L. Gonzales at telephone# 605-718-2358